Online Banking Online banking allows you to conduct financial transactions via the Internet. Online banking is also known as Internet banking or web banking.
Online banking offers customers almost every service traditionally available
through a local branch including deposits, transfers, and online bill payments. Virtually every banking institution has some form of online banking you can access through a computer or app. With online banking, you aren't required to visit a bank branch to complete most of your basic banking transactions. You can do all of this at your own convenience, wherever you want—at home, at work, or on the go. Online banking can be done using a browser or app. Mobile banking is online banking that is done on a phone or tablet. Using online banking requires a computer, tablet, mobile phone, or other device, plus an Internet connection and a bank or debit card. In order to access the service, you need to register for the bank's online banking service and create a password. Once that's done, you can use the service to do your banking.